The Morning Leverage: Former BlackBerry Co-CEO Courts PE to Launch Bid for Co.

Top story in this morning’s LBO Wire:ArcLight Capital Partners and Toyota Tsusho Corp. are plugging into a deal backed by Competitive Power Ventures to turn a New Jersey-based chemical plant into a power-generating facility, Amy Or reports.

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Elsewhere on the web:

In a bid somewhat reminiscent of attempts at a Best Buy buyout, Former BlackBerry co-CEO Mike Lazaridis has been chatting with PE firms about possibly making an offer for the smartphone maker, MoneyBeat reports.